Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 5)
5.
Where did SAIL open its first international Representative Office to boost global presence?
Answer: Option
Explanation:
Steel Authority of India Limited (SAIL) inaugurated its first overseas Representative Office in Dubai, United Arab Emirates. This strategic move aims to strengthen SAIL’s presence in the Middle East and North Africa (MENA) region, taking advantage of Dubai’s investor-friendly environment, robust infrastructure, and proximity to emerging steel markets. The office will facilitate direct interaction with international clients, enhance exports, and contribute to India's National Steel Vision of increasing steel production capacity. Dubai’s central role in global trade makes it an ideal location for SAIL’s expansion, supporting its goal of evolving into a globally competitive steel producer.
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